Georgia Mandatory License Law
The purpose of Georgia’s licensing law is simple: It exists to protect the public from incompetent, dishonest licensees, to establish minimum standards for the licensing of brokers and salespersons (including licensee education and qualifications), to establish and uphold high standards within the profession, and to ensure that the profession allows healthy and fair competition for its licensees.
This three-hour course covers these topics under Title 43, Chapter 40, of Georgia’s Statutes and Codes, and the rules and regulations of the Georgia Real Estate Commission, specifically under 520-1.
Course highlights include:
- License status as it relates to prohibited conduct
- Requirements when transferring a license from one firm to another
- Trust/escrow account management requirements
- Unfair trade practices and violations, including advertising
- Brokerage relationships and their agreements
- Management responsibilities of real estate firms
- Rules and regulations for advertising
- Proper handling of real estate transactions
- Licensees acting as principals
- Activities and examples to seal in the new information and frame it in everyday context